when the market reopens next week, I`d like an easter egg rns from sar. Not a mickey mouse smarties easter egg, but a huge one in a basket. With little fluffy bunnies at the front. We know you can hear us Tim........ make a name for yourself in April....... a huge easter egg rns.... like the one my missus demands
Rat. Thanks. A short would only push the sp down further once placed so it wouldnt matter to them as they would be covered either way. As they haven't, there has been no real drop as a result.
Im still erring towards it being a good sign. They are willing to risk it when they could have broken even or made a small profit. At a guess, they suspect they can sell at a higher price than now. otherwise they would mitigate. Imo etc. If the cash is just to be used for working capital, it does secure funds into 2014. But with Zylos posts on phase 1 costs and with these being split 3 ways, it does possibly suggest phase 1 trials for CHK1 (and therefore no CHK1 deal). More risk (2 in 3 fail phase 1). More rewards. What price would we be at after successful trials? The eternal question of risk v reward. GLA
50sBoy. Its possible but would leave very little left. CHK1 has been worken on for years but SKIL came after and is the future for SAR imo. They keep saying it can be used for other kinase targets so any future discoveries will most likely come from here and have tweeted the potential for this area. Unless Tim is planning on retiring soon I very mich doubt it
Good point but really no idea either way - I would have thought a short more likely in normal circumstances, and shorting would itself have pushed sp down making it a more profitable tactic but imo obviously. I am as frustrated as many on here but in the silence there are still so many streams of work, more than one of which should bear fruit very soon, and i can't help wondering the silence could be a very good omen. I hope!
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